How to Prepare and Pass the Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam
Welcome to MyItGuides.com! As a trainee consultant with 10 years of experience in SEO and high-end copywriting, I'm here to guide you through the process of preparing and passing the Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam. This comprehensive guide will provide you with accurate and up-to-date information about the exam, as sourced directly from the Oracle website. Additionally, I'll share actionable tips to help you succeed in your preparation. Let's get started!
About the Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam
The Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam is designed for professionals who possess a strong foundation and expertise in implementing Oracle Financials Cloud: General Ledger solutions. This exam validates your knowledge and skills in various areas, including configuring and managing the General Ledger, setting up currencies and calendars, managing journal entries, and generating financial reports.
To ensure your success in this exam, it is essential to have hands-on experience with Oracle Financials Cloud: General Ledger 2020. Oracle recommends taking relevant training courses and exploring the official exam study resources for a comprehensive understanding of the exam topics.
Exam Details
- Exam Title: Oracle Financials Cloud: General Ledger 2020 Implementation Essentials
- Exam Code: 1Z0-1054-20
- Exam Duration: 120 minutes
- Number of Questions: Approximately 75
- Exam Format: Multiple Choice
- Passing Score: 60%
- Exam Price: $245 (prices may vary based on location)
Exam Topics
The Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam covers a wide range of topics. It is crucial to thoroughly understand these areas before attempting the exam. The major topics include:
- Overview and Implementation
- Configuration
- Journal Processing
- Subledger Accounting
- Reporting and Dashboards
- Security and Integration
For a detailed breakdown of subtopics within each area, it is recommended to refer to the official exam study guide provided by Oracle.
Tips for Passing the Exam
Preparation is key to success in any certification exam. Here are some actionable tips to help you effectively prepare for and pass the Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam:
- Review the Exam Topics: Familiarize yourself with the exam topics and subtopics. Ensure you have a solid understanding of each area and identify any knowledge gaps.
- Official Study Resources: Utilize the official Oracle exam study guide and recommended training courses. These resources provide comprehensive coverage of the exam objectives.
- Hands-on Experience: Gain practical experience by working with Oracle Financials Cloud: General Ledger 2020. Familiarize yourself with the implementation process, configuration settings, journal entries, and report generation.
- Practice Exams: Take practice exams to assess your knowledge and identify areas that require further improvement. Oracle offers practice exams and sample questions that simulate the actual exam environment.
- Create a Study Plan: Develop a study plan that suits your schedule and allows sufficient time for each exam topic. Allocate dedicated study sessions and maintain consistency throughout your preparation.
- Join Oracle Communities: Engage with Oracle communities, forums, and social media groups. Interact with professionals who have already taken the exam, seek advice, and learn from their experiences.
- Time Management: During the exam, manage your time wisely. Read the questions carefully, eliminate incorrect options, and prioritize questions you are confident about. Flag difficult questions and revisit them later.
- Stay Calm and Confident: Maintain a positive mindset and stay calm during the exam. Confidence in your preparation will help you tackle challenging questions effectively.
- Exam Day Preparation: On the exam day, ensure you have a good night's sleep, eat a healthy meal, and arrive at the testing center well in advance. Bring the necessary identification documents and any permitted resources.
Remember, success in the Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam comes with a combination of knowledge, hands-on experience, and effective preparation. Best of luck on your certification journey!
Disclaimer: This article is intended to provide general guidance and information about the Oracle Financials Cloud: General Ledger 2020 Implementation Essentials Exam. Please refer to the official Oracle website and documentation for the most accurate and up-to-date details regarding the exam.